PP vs. VOO
Compare and contrast key facts about The Meet Kevin Pricing Power ETF (PP) and Vanguard S&P 500 ETF (VOO).
PP and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PP is an actively managed fund by Meet Kevin. It was launched on Nov 16, 2022. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PP or VOO.
Correlation
The correlation between PP and VOO is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PP vs. VOO - Performance Comparison
Key characteristics
PP:
-0.07
VOO:
1.89
PP:
0.05
VOO:
2.54
PP:
1.01
VOO:
1.35
PP:
-0.06
VOO:
2.83
PP:
-0.12
VOO:
11.83
PP:
11.21%
VOO:
2.02%
PP:
20.20%
VOO:
12.66%
PP:
-29.33%
VOO:
-33.99%
PP:
-16.15%
VOO:
-0.42%
Returns By Period
In the year-to-date period, PP achieves a 4.40% return, which is significantly higher than VOO's 4.17% return.
PP
4.40%
1.26%
-7.22%
2.30%
N/A
N/A
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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PP vs. VOO - Expense Ratio Comparison
PP has a 0.76% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PP vs. VOO — Risk-Adjusted Performance Rank
PP
VOO
PP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Meet Kevin Pricing Power ETF (PP) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PP vs. VOO - Dividend Comparison
PP's dividend yield for the trailing twelve months is around 0.73%, less than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PP The Meet Kevin Pricing Power ETF | 0.73% | 0.77% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PP vs. VOO - Drawdown Comparison
The maximum PP drawdown since its inception was -29.33%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PP and VOO. For additional features, visit the drawdowns tool.
Volatility
PP vs. VOO - Volatility Comparison
The Meet Kevin Pricing Power ETF (PP) has a higher volatility of 5.02% compared to Vanguard S&P 500 ETF (VOO) at 2.94%. This indicates that PP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.